Gas Prices Rise to Year High, Adding to Inflation Worries
• Gas prices are now higher than a year ago for the first time since December 2022, adding to inflation concerns • Prices have jumped recently due to refinery issues, increased demand, and attacks on Russian oil infrastructure • The national average for gas hit $3.47 a gallon, the highest since Halloween 2022 • Experts don't expect prices to spike over $4 a gallon this year barring a major hurricane • Battleground states like Michigan are seeing bigger gas price increases, posing a political problem